Big Insurers Are Uniting Behind R3's Blockchain Tech
R3 has scored another win in the insurance sector, giving the startup a wide lead over other distributed ledger technology (DLT) providers in the sector.
https://www.coindesk.com/all-big-insurers-are-uniting-behind-r3s-blockchain-tech/
Topic: ✷ News ✷ Analytics ✷ Analysis ✷ Forecasts - page 12. (Read 2256 times)
Thailand Finalises its ICO Regulatory Framework
After months of uncertainty Thailand’s Securities and Exchange Commission (SEC) has finally released its regulatory framework surrounding the buying and selling of digital tokens. The new system will be in place from July 16th.
https://www.icoexaminer.com/ico-news/thailand-finalises-its-ico-regulatory-framework/
Spain’s Securities Regulator Undertakes a Blockchain Pilot
Spain’s securities regulator Spanish National Securities Market Commission (CNMV), BME and various banking and financial institutions Banco Santander, BBVA, BNP Paribas, CaixaBank, Commerzbank and Société Générale have announced the completion of the pilot test for the Fast Track Listing (FTL) project.
In a statement the CNMV has announced:
“The objective has been to simplify processes and reduce the amount of time needed to register issuances. It has been proven that the use of blockchain technology can improve efficiency in terms of time and resources, as well as increase the security and traceability of processes.”
The project has successfully completed the proof-of-concept test which consisted of the registration and issuance of warrants. A process which normally took more than a week was demonstrated to be executed within 48 hours by integrating blockchain technology. The project boasted a reduced time of over 70% due to the connection of all the systems, automatic validation of requirements and transparency.
https://www.ccn.com/spains-securities-regulator-undertakes-a-blockchain-pilot/
Spain’s securities regulator Spanish National Securities Market Commission (CNMV), BME and various banking and financial institutions Banco Santander, BBVA, BNP Paribas, CaixaBank, Commerzbank and Société Générale have announced the completion of the pilot test for the Fast Track Listing (FTL) project.
In a statement the CNMV has announced:
“The objective has been to simplify processes and reduce the amount of time needed to register issuances. It has been proven that the use of blockchain technology can improve efficiency in terms of time and resources, as well as increase the security and traceability of processes.”
The project has successfully completed the proof-of-concept test which consisted of the registration and issuance of warrants. A process which normally took more than a week was demonstrated to be executed within 48 hours by integrating blockchain technology. The project boasted a reduced time of over 70% due to the connection of all the systems, automatic validation of requirements and transparency.
https://www.ccn.com/spains-securities-regulator-undertakes-a-blockchain-pilot/
Voorhees vs Schiff: Bull Meets Bear at NY Bitcoin Debate
A debate between an infamous bitcoin detractor and one of the cryptocurrency's most well-known entrepreneurs made sparks fly in New York City Monday.Hosted by the Soho Forum, a monthly Manhattan debate series, the event saw Erik Voorhees, the CEO of exchange service ShapeShift, argue that government-backed monies will eventually be replaced by bitcoin and blockchain innovations. The world's largest cryptocurrency, he said, just needs gradual adoption to eventually triumph... Read More
Crypto Exchanges Are Suddenly Being Censored In Iran
"Every crypto exchange in Iran [has been] filtered since May."That's how one Iranian bitcoin advocate, speaking on condition of anonymity, described a new wave of government censorship that has cut Iranians off from vital links to the crypto economy ahead of a scheduled renewal of U.S. sanctions in August and November.
Several Iranians exclusively told CoinDesk they are having trouble accessing crypto exchanges like Binance, Blockchain and LocalBitcoins, even with virtual private networks (VPNs) and other workarounds that were already commonplace because of international sanctions... Read More
Malware Monitoring 2.3 Million Bitcoin Addresses
When sending cryptocurrency, one of the main features is the fact that addresses are long and virtually impossible to remember. Naturally, very few people are willing to type the address in by hand, instead relying on copying it from one application to another - and this is exactly where the danger lies.
https://cryptonews.com/news/malware-monitoring-2-3-million-bitcoin-addresses-2151.htm
When sending cryptocurrency, one of the main features is the fact that addresses are long and virtually impossible to remember. Naturally, very few people are willing to type the address in by hand, instead relying on copying it from one application to another - and this is exactly where the danger lies.
https://cryptonews.com/news/malware-monitoring-2-3-million-bitcoin-addresses-2151.htm
Survey In Canada Sends Worrying Signal To The ICO Market 
If you're launching an initial coin offering (ICO), most of the surveyed Ontarians will not care about your product, your team or if you’re changing the world: 7 in 10 ICO participants care more about whether they can trade the coin or token being offered. At the same time, should something go wrong, they don’t know where to turn, a survey showed.
https://cryptonews.com/icos/survey-in-canada-sends-worrying-signal-to-the-ico-market-2165.htm
If you're launching an initial coin offering (ICO), most of the surveyed Ontarians will not care about your product, your team or if you’re changing the world: 7 in 10 ICO participants care more about whether they can trade the coin or token being offered. At the same time, should something go wrong, they don’t know where to turn, a survey showed.
https://cryptonews.com/icos/survey-in-canada-sends-worrying-signal-to-the-ico-market-2165.htm
Y Combinator Alumni Raise USD 125m, Learn How to Anger Investors 
Poor communication, intentional or unintentional, between a startup and its investors may bring unpleasant surprises to both sides, a recent conflict showed.
https://cryptonews.com/news/y-combinator-alumni-raise-usd-125m-learn-how-to-anger-invest-2143.htm
Poor communication, intentional or unintentional, between a startup and its investors may bring unpleasant surprises to both sides, a recent conflict showed.
https://cryptonews.com/news/y-combinator-alumni-raise-usd-125m-learn-how-to-anger-invest-2143.htm
EU Regulator: DLT In Trade Finance Still Faces Legal Uncertainties
An European Union financial regulator has published a report to raise public awareness of the benefits and risks associated with the use of distributed ledger technology (DLT) in finance.
In a report published on Tuesday that discusses the rising trend of financial technology, the European Banking Authority (EBA) highlighted two use cases of blockchain in the market's banking sector, including cross-border trade finance and ID authentication... Read More
Rakuten Plans to Launch its Crypto in Russia through Viber 
Japanese ecommerce giant Rakuten will launch its new Rakuten Coin cryptocurrency in Russia within the next six to 12 months – via its messaging app subsidy, Viber.
https://cryptonews.com/news/rakuten-plans-to-launch-its-crypto-in-russia-through-viber-2157.htm
Japanese ecommerce giant Rakuten will launch its new Rakuten Coin cryptocurrency in Russia within the next six to 12 months – via its messaging app subsidy, Viber.
https://cryptonews.com/news/rakuten-plans-to-launch-its-crypto-in-russia-through-viber-2157.htm
Microsoft Launches Enterprise Blockchain Partnership in Taiwan
Microsoft Taiwan has entered a partnership with Digital China and Hot Cool in the hope that the three companies can use blockchain technology to improve the financial, e-commerce, entertainment, and other industries.
The three-party blockchain alliance unveiled the initiative at a conference on June 28 at the Le Méridien Hotel in Taipei City. Sun Jikang, the general manager of Microsoft Taiwan, explained that he believes Microsoft Azure can improve the computing speed and security of Digital China’s digital blockchain services. For those unaware, Azure is a cloud computing service offered by Microsoft, which allows users to build, test, deploy, and manage applications and services using the firm’s global network of data centers.
Jikang stated, according to a rough translation:
“Taiwan has first-class engineering and technical talents, and their innovative thinking cannot be underestimated. At the same time, it carries a solid manufacturing and R&D foundation, plus Excellent geographical location, with the superior conditions for the development of blockchain application, I believe that Microsoft’s tooling in the strategic layout of the blockchain, and citing the global partner resources, is bound to be the vision of the industrial application of the blockchain.”
https://www.ccn.com/microsoft-launches-an-enterprise-blockchain-partnership-in-taiwan/
Microsoft Taiwan has entered a partnership with Digital China and Hot Cool in the hope that the three companies can use blockchain technology to improve the financial, e-commerce, entertainment, and other industries.
The three-party blockchain alliance unveiled the initiative at a conference on June 28 at the Le Méridien Hotel in Taipei City. Sun Jikang, the general manager of Microsoft Taiwan, explained that he believes Microsoft Azure can improve the computing speed and security of Digital China’s digital blockchain services. For those unaware, Azure is a cloud computing service offered by Microsoft, which allows users to build, test, deploy, and manage applications and services using the firm’s global network of data centers.
Jikang stated, according to a rough translation:
“Taiwan has first-class engineering and technical talents, and their innovative thinking cannot be underestimated. At the same time, it carries a solid manufacturing and R&D foundation, plus Excellent geographical location, with the superior conditions for the development of blockchain application, I believe that Microsoft’s tooling in the strategic layout of the blockchain, and citing the global partner resources, is bound to be the vision of the industrial application of the blockchain.”
https://www.ccn.com/microsoft-launches-an-enterprise-blockchain-partnership-in-taiwan/
Tom Lee Blames Regulators for Bitcoin Decline, Cuts Forecast 
A lack of regulatory clarity has put enormous pressure on the market this year, as the G20 countries, the EU, and financial regulators in the US have all sent mixed messages about future regulations to the market, according to Tom Lee, veteran bitcoin investor and head of research at Fundstrat Global Advisors.
https://cryptonews.com/news/tom-lee-blames-regulators-for-bitcoin-decline-cuts-forecast-2159.htm
A lack of regulatory clarity has put enormous pressure on the market this year, as the G20 countries, the EU, and financial regulators in the US have all sent mixed messages about future regulations to the market, according to Tom Lee, veteran bitcoin investor and head of research at Fundstrat Global Advisors.
https://cryptonews.com/news/tom-lee-blames-regulators-for-bitcoin-decline-cuts-forecast-2159.htm
The Pirate Bay (TPB) has resumed its cryptojacking activities. The P2P file-sharing platform launched another browser script that hijacks unused CPU power of site users to mine cryptocurrency. TPB launched a similar browser script in September 2017 but discontinued it after vociferous protests from site users.
https://bitcoinist.com/the-pirate-bay-resumes-cryptojacking-but-should-it-even-be-an-issue/
https://bitcoinist.com/the-pirate-bay-resumes-cryptojacking-but-should-it-even-be-an-issue/
Three New Blockchain Use Cases Go Live in Europe
Blockchain adoption seems to be growing, and it is almost hard to track where the technology found its newest application now. Currently, European banks, Crypto Valley and the UK’s Food Standards Agency (FSA) all found a way to integrate distributed ledgers into their operations.
https://cryptonews.com/news/three-new-blockchain-use-cases-go-live-in-europe-2149.htm
Blockchain adoption seems to be growing, and it is almost hard to track where the technology found its newest application now. Currently, European banks, Crypto Valley and the UK’s Food Standards Agency (FSA) all found a way to integrate distributed ledgers into their operations.
https://cryptonews.com/news/three-new-blockchain-use-cases-go-live-in-europe-2149.htm
Britain’s Youngest Self-Made Bitcoin Billionaire Is Just 34
Ben Delo might just be proof that dreams do come true. The 34-year-old Oxford graduate who lives in Hong Kong is Britain’s youngest self-made Bitcoin billionaire having founded cryptocurrency exchange BitMex in 2014.
https://cryptonews.com/exclusives/britain-s-youngest-self-made-bitcoin-billionaire-is-just-34-2153.htm
Ben Delo might just be proof that dreams do come true. The 34-year-old Oxford graduate who lives in Hong Kong is Britain’s youngest self-made Bitcoin billionaire having founded cryptocurrency exchange BitMex in 2014.
https://cryptonews.com/exclusives/britain-s-youngest-self-made-bitcoin-billionaire-is-just-34-2153.htm
On Thursday, June 28, SlowMist — a private Chinese cybersecurity firm — divulged a potential double-spend in the use of Tether (USDT).
https://bitcoinist.com/tether-double-spend-scare-shows-that-exchanges-could-be-at-risk/
https://bitcoinist.com/tether-double-spend-scare-shows-that-exchanges-could-be-at-risk/
[ :'(u]Bad News For Crypto From India[/u] 
India’s top court refused to overturn a ban by the Reserve Bank of India (RBI) on lenders from dealing in cryptocurrencies. This move effectively outlaws cryptocurrencies in the country, which represents the third largest economy in Asia.
https://cryptonews.com/news/bad-news-for-crypto-from-india-2156.htm
India’s top court refused to overturn a ban by the Reserve Bank of India (RBI) on lenders from dealing in cryptocurrencies. This move effectively outlaws cryptocurrencies in the country, which represents the third largest economy in Asia.
https://cryptonews.com/news/bad-news-for-crypto-from-india-2156.htm
Jump to: